Asia Oil Market News & Analysis | Quantum Commodity Intelligence
18 Sep 2024
The Thai government has extended price subsidies for biofuel blend road fuels by a further two years, pivoting from a plan announced in January...
18 Sep 2024
Gasoil cracks rebounded hard during Asian trading hours on Wednesday as recent pessimism surrounding the middle distillate spurred...
18 Sep 2024
India will continue to snap up discounted Russian crude so long as the selling entity is not a sanctioned company...
18 Sep 2024
East of Suez crude prices nudged higher on Wednesday and largely tracked moves in Brent, while gasoil found buying interest after...
18 Sep 2024
EU tariffs on Chinese electric vehicle (EV) imports will significantly disrupt future trade and investment between the two markets, according...
18 Sep 2024
A major storm is on track to hit China's east coast on Thursday, marking the second of its kind in one week to pose a threat to energy logistics as...
18 Sep 2024
Fuel oil stocks in Fujairah fell back from last week's three-month highs as prices hit their lowest since December, with refined...
18 Sep 2024
China's diesel exports in August rebounded sharply on the back of sluggish domestic industrial activities while outflows across the rest of the...
18 Sep 2024
Japan's crude oil imports in August remained significantly weaker than last year as poor margins continued to cap...
17 Sep 2024
Crude oil futures Tuesday were moving higher after benchmarks initially consolidated early-week gains on hopes that the US Fed...
17 Sep 2024
Weak gasoil prices around the world are flipping typical trades on their head in the middle distillates market, with jet fuel trading...
17 Sep 2024
East of Suez crude prices edged higher Tuesday although Asian markets were largely following western benchmarks ahead of the US rate...
17 Sep 2024
Chinese imports of residual fuel oil have spiked this month as independent domestic refiners scrambled for spot supplies of the...
17 Sep 2024
Salvagers have successfully towed a burning crude tanker from the Red Sea without any oil spillage after Houthi rebels thwarted...
16 Sep 2024
rude oil futures Monday were climbing higher, as benchmarks rebounded after Friday's late sell-off had erased...
16 Sep 2024
Global naphtha cracks hit fresh highs Monday as a drop in flatprice improves the outlook for petrochemical demand heading into...
16 Sep 2024
Diesel margins started the week under fresh downward pressure, with cracks in the Asia 10ppm gasoil market slipping to lows not...
16 Sep 2024
Middle East crude opened the week lower as markets caught up following the Brent retreat after Asia had closed on Friday, while...
16 Sep 2024
South Korean crude oil imports rose sharply in August to a two-year high at 12.79 million mt as refineries boosted their throughput amid the...
16 Sep 2024
Kazakhstan's crude oil output dropped 6% on the month in August to a one-year low as field maintenance at the Tengiz field helped the...